Statute · New York Estates, Powers & Trusts Law

N.Y. Est. Powers & Trusts Law § 6-4.8 — Definition of a future estate vested subject to open

N.Y. Est. Powers & Trusts Law § 6-4.8

Type
Statute
Source
New York Estates, Powers & Trusts Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 6-4.8 Definition of a future estate vested subject to open

Citator

N.Y. Est. Powers & Trusts Law § 6-4.8 — Definition of a future estate vested subject to open is in force in the current edition of the Code, and nothing recorded condemns it.

§ 6-4.8 Definition of a future estate vested subject to open

A future estate vested subject to open is an estate created in favor of a class of persons, one or more of whom are ascertained and in being, which is certain when created to become an estate in possession whenever and however the preceding estates end, and is subject to diminution by reason of another person becoming entitled to share therein.